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Strong core, Red Lobster recovery bring Thai Union all-time high Q2 profit

Revenue was boosted by a 29% rebound in frozen and chilled seafood sales, while Red Lobster's losses were reduced from $21m in 2020 to $1.5m in Q2 2021

By Neil Ramsden | Aug. 9, 2021 09:46 BST
Lobsterfest 2019 has begun. Image from Red Lobster website.
Lobsterfest image, from Red Lobster website
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Thai Union Group has reported an all-time high second-quarter net profit of THB 2.34 billion ($70 million) for 2021, thanks to strong performances from its key businesses and a turnaround at US restaurant chain Red Lobster. [...]

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